Finance

Blooms Trade Partners with Monex USA to Enhance Trade Finance Solutions


WILMINGTON, DEBlooms Trade Inc. (Blooms) has announced a new referring partnership with Monex USA, a prominent provider of corporate foreign exchange (FX), currency risk hedging services, and international payments. This collaboration will allow Blooms’ clients to process their transactions through a co-branded version of Monex USA Online, a web-based FX and payments platform.

“As a leading provider in trade finance, we are thrilled with this collaboration as it marks a significant milestone in our mission to deliver unparalleled financial solutions to our clients,” said Francisco Meré, CEO of Blooms. “By leveraging Monex USA’s expertise in foreign exchange and international payments, we are poised to enhance our service offerings, streamline cross-border transactions, and provide our clients with greater financial flexibility and security. Together, we are setting a new standard in trade finance, empowering businesses to navigate the complexities of global trade with confidence and efficiency.”

Monex USA’s robust services will facilitate FX payments for clients referred by Blooms, making the partnership a strategic move to streamline global trade operations. “This strategic partnership will facilitate global trade since payments are a critical piece of the global supply chain,” said Mike Valadakis, VP of Partnerships and Digital Solutions at Monex USA. “Blooms and Monex USA are perfect examples of strategic embedded solutions with the goal of helping end-users operate efficiently.”

Clients onboarded by Monex USA through Blooms will benefit from a seamless and efficient system for handling international transactions, combining the strengths of both companies to offer superior trade finance solutions. This partnership aims to set new standards in the industry, providing businesses with the tools they need to manage global trade with ease.

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